Apttus Receives Investment from IBM
Summary
Apttus, a San Mateo, Calif.-based provider of Quote-to-Cash and Contract Lifecycle Management solutions utilizing artificial intelligence (AI), received an investment from IBM.IBM joined multiple investors in Apttus’ Series E funding.The company plans to use this investment to further its plan to deliver AI-based business solutions to customers around the world within enterprise processes such as revenue generation and management of commercial relationships.Led by Kirk Krappe, Chairman and CEO, Apttus provides Intelligent Middle Office platform allowing enterprises to automate and optimize their revenue and commercial relationship management processes.The company’s innovations also include Max, an applied AI for Quote-to-Cash applications.
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